Global Industrial Robotics Market Growing


posted June 13, 2014

A new report by Global Industry Analysts, Inc. shows that the global industrial robotics market is growing due to focus on automated production and processing. The competitive pressure felt in industries from auto manufacturing to the semiconductor industry is spurring the growth. The report states that Asia Pacific represents the largest market worldwide, while Latin America ranks as the fastest growing market with a CAGR of 11.6% over the analysis period. The global market for Industrial Robotics is projected to reach 284 thousand units by 2020.

The research report titled “Industrial Robotics: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the market, industry overview, trends, growth drivers, issues, and recent industry activity of major companies worldwide.
 
The report provides market estimates and projections in units for major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (Australia, China, India South Korea, Taiwan and Rest of Asia Pacific) Latin America (Brazil, Mexico and Rest of Latin America) and Rest of World. Key end-use applications analyzed at the global level include Assembly, Material Application, Material Handling (Packaging/Picking, Plastic Molding, Molding, Others), Cutting/Polishing, Welding and Others.

For more details about this comprehensive market research report, please visit http://www.strategyr.com/Industrial_Robotics_Robots_Market_Report.asp.

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